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20121205
20121213
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Search Results 0 to 8 of about 9 (some duplicates have been removed)
CSPAN
Dec 12, 2012 6:00am EST
obama and speaker boehner do not know either. it is a huge possible fiscal shock. it would be one of the biggest negative fiscal shocks we have had since world war ii. the only thing that is comparable is when we had in vietnam surtax applied after military spending was already falling. falling office cliff would mean a recession. i think it could be much worse than cbo implies. 1, the economy is very fragile right now and vulnerable to a secondly, i think it has a horrible psychological impact on the business community and consumers who would totally lose confidence in our ability to govern. i agree with david that what we need right now is a downpayment, making some progress. one that probably involves the tax and spending side. and the pledge to do much more later. the important thing to know about the proposals on the street right now is that you can accept everything in the president's proposal for everything in speaker boehner's proposal and he would not solve the budget problems in the longer run. in my judgment, you need about twice what they have put on the table. i'm ver
CSPAN
Dec 12, 2012 8:00pm EST
two sides, our leaders, the president of the united states, barack obama, the speaker, john boehner, certainly senate majority leader harry leede, lead those efforts to find a legislative deal that is designed to avoid america and this country, including our government, from going off the fiscal cliff. we have heard a lot about that. we are speaking about it. we had discussions on the floor today about it. that's why we're here. and we're trying to make sure as we as members of congress from both parties are here trying to help resolve that, we can still do work in between that period of time. so two weeks ago house republicans proposed this solution of trying to make sure that we would have an answer, the president's come back with a solution and we now know where to point our friends, the democrats, are insisting upon a tax increase to move forward and republicans are saying, hold on. we need new revenue but we don't need new taxes. especially taxes on small business owners that are the creators of jobs in our economy. and so republicans are saying we're not going to fall victim f
CSPAN
Dec 12, 2012 1:00am EST
. >> i am sorry. start over again. speaker boehner said he is waiting on president obama to outline spending cuts. this is a kind of strange thing for the speaker to say. president obama outlined very specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. of course, nothing specific in revenue whatsoever. all generalizations. the republicans want more spending cuts. tell us what you want. that is what i say to them. we cannot read their minds. we are not going to make a proposal for them. republicans know perfectly well that democrats are willing to make tough choices on these issues, if they understand, which i hoped they do by now, we are going to look out for the middle class first. the only thing standing in the way of an agreement is republicans, their insistence on holding tax cuts for middle- class families hostage to bring on the fiscal cliff. there is a lot of bluster coming from republicans, but that is crumbling quickly. every day, we read about more republicans breaking ranks, calling out the speaker to allow
CSPAN
Dec 11, 2012 8:00pm EST
on president obama to outline spending cuts. this is kind of a strange thing for the speaker to say. president obama outlined specific cuts in his proposal to the republicans. republicans have not offered anything specific in cuts whatsoever. and nothing specific in revenue whatsoever. all generalizations. republicans want more spending cuts. tell us what you want, we say to them. we cannot read their minds. we will not make a proposal for them. they know that we are willing to make tough choices on these issues. i hope they understand by now that we will look out for the middle class first. illinois standing in the way of an agreement is republicans. -- the only thing standing in the way of an agreement is republicans. there is a lot of bluster coming from the republicans about society kremlin quickly. every day -- crumbling quickly. they are calling on the speaker to let tax rates rise. yesterday it was coburn. today was another. he said he would take raising rates are the top 2 bracket -- and went on with other things he wanted. he wants the rates to go up on the top 2 brackets.
CSPAN
Dec 6, 2012 1:00am EST
to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to put revenues on the table. the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar deficits for as far
CSPAN
Dec 13, 2012 1:00am EST
president obama last signed bill that we are trying to offer an extension of. i reserve my time. the speaker pro tempore: the gentlelady from new york. ms. slaughter: mr. speaker i'm pleased to yield two minutes to the gentleman from minnesota, mr. wauleds. the speaker pro tempore: the gentleman is recognized for two minutes. mr. waums: thank you mr. speaker. -- mr. walz: thank you mechanic. -- mr. speaker. my discharge petition at the zesk a discharge petition the american people spoke loudly in. we faced an election and the message is clear to me, why do you continue to bicker and make these ka bouquet dance statements with one another when it shouldn't be that difficult. we came out of a constitutional convention, when i asked james madison what the secret to this new government was, compromise, compromise, compromise. to sit here and do what we're doing, not bringing this forward and releasing the tension on the middle class, making sure the economy knows there's ability amongst taxes, is holding our economy back. it's insulting to the american people. s that nation that won two
CSPAN
Dec 6, 2012 8:00pm EST
limit in march. that is what speaker boehner uses as his leverage to a year and a half ago in his talks with president obama. i think there's a belief on the party democrats that they like to get this idea into come circulation. and they also want to manufacture some dialogue that the debt ceiling is not really the kind of leverage it was a year and a half ago. and you saw some of that from the president yesterday when -- or last week when he was talking about that he is not going to play that game may more. there is some of that. it turns out that the democrats would have enough votes to pass it through the senate. instead, senator mcconnell insisted that it requires 60 to get past the filibuster. >> on the republican side, how would a vote on either the fiscal cliff or raising the debt ceiling help the gop make their case? i am not entirely sure that it would. i am not sure hal and effective issue it would be pure >> the houses out now -- it would be. >> the house is out now. >> there is no public indication. you talk with some senators who yesterday were saying that not a lot i
Search Results 0 to 8 of about 9 (some duplicates have been removed)